Baldwin Wealth Partners LLC MA Boosts Stock Position in Quanta Services, Inc. $PWR

Baldwin Wealth Partners LLC MA boosted its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 6.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,626 shares of the construction company’s stock after buying an additional 1,374 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Quanta Services were worth $9,972,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PWR. Norges Bank acquired a new position in Quanta Services during the second quarter valued at $675,802,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Quanta Services by 57.2% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company’s stock worth $917,009,000 after purchasing an additional 882,209 shares during the period. Bank of America Corp DE raised its stake in shares of Quanta Services by 35.6% during the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock valued at $1,208,672,000 after buying an additional 765,822 shares during the last quarter. Select Equity Group L.P. raised its stake in shares of Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock valued at $384,554,000 after buying an additional 416,395 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock valued at $7,519,079,000 after buying an additional 386,937 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Mizuho raised their target price on Quanta Services from $424.00 to $537.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Sanford C. Bernstein boosted their price target on Quanta Services from $471.00 to $515.00 and gave the company a “market perform” rating in a report on Tuesday, February 24th. DA Davidson upped their price objective on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $647.00 target price on shares of Quanta Services in a report on Monday, February 23rd. Finally, Wolfe Research boosted their target price on shares of Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Seventeen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and a consensus target price of $576.55.

Quanta Services Price Performance

Shares of PWR opened at $555.73 on Friday. The company has a market cap of $83.15 billion, a P/E ratio of 81.72, a PEG ratio of 2.63 and a beta of 1.10. Quanta Services, Inc. has a fifty-two week low of $227.08 and a fifty-two week high of $583.73. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. The firm’s 50 day moving average price is $518.34 and its 200 day moving average price is $458.97.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm’s revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, research analysts forecast that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is presently 6.47%.

Quanta Services Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.